Crypto prices today 28 Nov 2023: Bitcoin above $37K mark, Terra Classic zooms by 6.73%

Today, the global crypto market cap was down by 0.79 percent, while total crypto market volume increased by 17.18 percent since the previous day.

Crypto price today 28 Nov: Bitcoin up above 37k mark, Terra Classic zooms by 6.73%

Highlights

  • Most of the altcoins like Ethereum, XRP, Solana and Cardano, etc. registered a downward trend
  • Blur was the top decliner of the day, recording a fall of 9.84 percent in its prices

On Tuesday, Bitcoin, the largest crypto across the world, witnessed a decline of 0.43 percent over the last 24 hours and stands at $37,134.64, at the time of writing this article (0930 IST). The majority of altcoins also witnessed decreasing trends today. Ethereum was down by 0.83 percent, XRP plunged by 0.81 percent, Solana down by 2.90 percent, Cardano dip by 1.78 percent and Chainlink slump by 3.86 percent. Contrastingly, Dogecoin and Toncoin grew by 0.06 percent and 3.46 percent, respectively.

On 28 November, the global crypto market cap stood at $1.41 trillion, registering an decrease of 0.79 percent, while the total crypto market volume witnessed a jump of 17.18 percent to $50.46 billion.

Bitcoin is currently hovering near $37,000, experiencing a slight dip over the past 24 hours. In contrast, Ethereum maintains a position above $2,000. Analysts anticipate a bullish trend for Bitcoin, with projections indicating a potential surge to $57,000. Ethereum is witnessing a resurgence, aspiring to reclaim its record high of $4,800, indicating a renewed bullish sentiment. This outlook is substantiated by heightened institutional interest and positive market sentiment, emphasizing the increasing maturation of the crypto sector.

Rajagopal Menon, Vice President, WazirX

At present, Bitcoin’s dominance is at 51.6 percent, while that of Ethereum is at 17.3 percent.

Gainers and losers

Today's top gainer was Terra Classic, which grew by 6.73 percent since the last day. It was followed by Celestia, Uniswap and 6.02, among others. On the other hand, Blur was the top decliner of the day, recording a fall of 9.84 percent in its prices. Further, FTX Token, Axie Infinity, dYdX, etc. were in the red zone.

Memecoins trade mix

Today, Elon Musk’s favourite Dogecoin rose by 0.06 percent and Bonk grew by 0.69 percent. On the other hand, Shiba Inu, another canine-based memecoin, lost 1.35 percent, at the time of writing this article.

Metaverse tokens slips

Popular Metaverse tokens like Solana, Cradano, Chainlink, Ethereum Classic Internet Computer, NEAR Protocol, and Injective witnessed a downfall in their value by 3.14 percent, 2.02 percent, 3.93 percent, 1.73 percent, 1.74 percent, 0.66 percent and 4.75 percent, respectively. However, Celestia, and Neo recorded a rise in their prices.